Future Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
SILVER Apr 2018 (E) (NYMEX:SI.J18.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SI.J18.E
The long term trend has been DOWN since Feb 4th, 2018 at 17.101
The intermediate term trend has been DOWN since Feb 4th, 2018 at 17.101
The short term trend has been UP since Mar 21st, 2018 at 16.425
Smart Scan Analysis for SI.J18.E
Based on a pre-defined weighted trend formula for chart analysis, SI.J18.E scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||17.365||Contract High Date||2018-01-31|
|Contract Low||16.06||Contract Low Date||2018-03-20|
|Estimated Volume||191||First Delivery||2018-04-30|